Why Lasting Powers of Attorney Matter

A Will deals with what happens after death. A Lasting Power of Attorney deals with what could happen during your lifetime.

A Lasting Power of Attorney, often called an LPA, allows you to appoint people you trust to make decisions or help manage your affairs if you ever need support or lose mental capacity.

There are two main types:

Property and Financial Affairs LPA
This can cover money, bills, bank accounts, pensions, property and financial decisions.

Health and Welfare LPA
This can cover care, medical treatment and living arrangements if you cannot make those decisions yourself.

Many people assume their spouse, partner or children could automatically step in. In practice, without the right legal authority, families can face delays and difficulties.

LPAs can help with:

• Managing bills and bank accounts

• Dealing with property and pensions

• Supporting care decisions

• Reducing stress for your family

• Choosing who you trust in advance

• Avoiding uncertainty if circumstances change

LPAs are not only for later life. They are part of sensible planning for anyone who wants the right people in place if help is ever needed.

Call to action:
If you are already reviewing your Will, it is sensible to consider Lasting Powers of Attorney at the same time.